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Casteels Vastgoed

Active
Private limited companyfounded 2019active for 7 yearsHeusdenbaan 46 B002, 9090 Merelbeke-Melle, BelgiumKBO/BCE: BE 0720.632.794
Summary

Casteels Vastgoed has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €190,855 and a net result of €52,521. Equity has been growing by about 36% per year since 2020. Its solvency ranks better than 65% of 17,119 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 12-02-2019 Normal situation
Activity
Real estate agency activities NACE 68310
Joint committee
323 Paritair Comité voor het beheer van gebouwen, de vastgoedmakelaars en de dienstboden · annual accounts 2025
Establishment unit
2.285.733.635 9090 Merelbeke-Melle, since 12-02-2019
Financial year end
31 December
Peppol
Reachable since 26-07-2024

Board and ownership

Board
  • LEXCORPDirector · since 10-08-2023 · permanent representative Casteels Alex Roger Marcel

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€197,203
▼ 18.1%
Turnover
≈ €350,000
estimated
Profit
€52,521
▼ 47.2%
Equity
€190,855
▲ 38.0%
Total assets
€387,067
▲ 13.3%
Employees on 31-12-2025
2
=
Filed on 14-07-2026, 17 days before the deadline
Score breakdownraises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.82, cash €132,280Sector: Real estate activities (NACE 68)Figures for financial year 2025 (filed on 14-07-2026)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 78% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency 74+9
equity 49.3% of total assets
Liquidity 77+5
short-term debt 35.2% · cash 34.2%
Profitability 86-14
return on assets 13.6%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,625 companies, NACE 68, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.2 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.2 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.82 (1.91 in 2024), above the usual 1.5. Short-term debt is 35.2% and cash 34.2% of total assets. However, 50.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 64% of them on solvency, 84% on liquidity, 83% on profitability and 83% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.82, cash €132,280
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Figures for financial year 2025 (filed on 14-07-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
17 days early
2024
21 days early
2023
19 days early
2022
2 days early
2021
9 days early
2020
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 12 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 July (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 82% of companies in real estatesector median €6,036 · 17,109 companies €52,521 View
  • Caution: A director leftlatest change 06-08-2026 · 1 in office 1 left View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View
  • Positive: Equity rose in 2025from €138,333 to €190,855 ▲ 38.0% View

Recent changes

  1. · Gazette deed Resignation: Eric Van de Wynkele (director)
  2. · Gazette deed Registered office moved from Merelbeke to Merelbeke-Melle
  3. · Gazette deed Change of role: Van de Wynkele Eric Julien, from statutory manager to directorResignation: Casteels Alex Roger Marcel (statutory manager) · Appointment: LEXCORP (director) · Permanent representative: Casteels Alex Roger Marcel
All 14 events

Comparable companies

These companies have the same main activity as Casteels Vastgoed: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €341,000 and €463,000, founded between 2018 and 2019.

CompanyTotal assetsGross margin
Casteels Vastgoed Merelbeke-Melle€387,067€197,203
ACCESS ESTATE Gent€463,283€220,483
Aerts Immo Service Beringen€402,879€178,441
BBW Waterloo€350,686€202,987
BRM 28 Zoersel€423,197€193,812
Alison Immo Messancy€340,755€210,525
EKKOFIN IMMO Mons€357,845€208,247
Full comparison

Key facts about Casteels Vastgoed

What is the company number of Casteels Vastgoed?
The company number of Casteels Vastgoed is 0720.632.794. The VAT number is the same number with BE in front: BE 0720.632.794.
Where is Casteels Vastgoed based?
The registered office is at Heusdenbaan 46 B002, 9090 Merelbeke-Melle.Company details
What does Casteels Vastgoed do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of Casteels Vastgoed?
The legal form of Casteels Vastgoed is Private limited company (BV).
When was Casteels Vastgoed founded?
Casteels Vastgoed was founded on 12-02-2019.
Is Casteels Vastgoed still active?
Yes, Casteels Vastgoed is an active enterprise in the KBO register.
How many employees does Casteels Vastgoed have?
Casteels Vastgoed had an average of 1.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Casteels Vastgoed fall under?
In its 2025 annual accounts, Casteels Vastgoed states joint committee 323 (Paritair Comité voor het beheer van gebouwen, de vastgoedmakelaars en de dienstboden).
What is the turnover of Casteels Vastgoed?
The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €197,203 and 31 comparable companies (NACE 68310). It probably lies between €290,000 and €530,000.
Is Casteels Vastgoed profitable?
In financial year 2025, Casteels Vastgoed made a profit of €52,521.
Where can I find the annual accounts of Casteels Vastgoed?
Casteels Vastgoed filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Casteels Vastgoed due?
Casteels Vastgoed must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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